SOURCE: Franchise Direct

Franchise Direct

May 13, 2015 13:03 ET

Pet Franchise Industry Report 2015 Released by Franchise Direct

ATLANTA, GA--(Marketwired - May 13, 2015) - The Pet Franchise Industry Report 2015 summarizes the entire industry as well as what potential investors can expect from the pet industry. The report summarizes the latest information regarding the pet franchise industry, providing potential franchise investors a look at what this industry has to offer and its presumed future.

There are a number of factors highlighted in this report, including the growth of American households that actually have pets, the increasing competition in the industry, top sales for the pet industry, and information regarding what is currently fueling the growth in this industry. It also covers the franchise process and what potential investors need to know in order to make a smart investment.

According to the report, slow and steady growth is the best way to achieve success. The report goes on to highlight a number of franchises that have seen this growth for the past couple of years, including Aussie Pet Mobile, Camp Bow Wow and Pet Supplies Plus.

The report also highlights the highest-earning sectors for pet industry franchise owners, with food being at the top with estimated sales for 2015 of $23.04 billion, followed by vet care at $15.73 billion, supplies and over-the-counter medication at $14.39 billion, pet boarding and grooming at $2.54 billion, and live animal purchases at $2.19 billion. It is clear that no matter what pet sector an investor decides to go into, there is the potential to tap into a billion-dollar market.

Each year, this report has provided information to potential investors regarding what to expect from the industry in the coming years. It breaks down what is going on and what owning a franchise requires. This makes it easy for investors to determine where to invest so that they have the potential to earn a significant amount of money from their investment. 

For anyone considering investing in a pet franchise, this report is a must-read. It highlights all the important information that is necessary to make an educated decision.

About Franchise Direct:
Franchise Direct is the world's leading franchise portal, operating 13 franchise websites across five continents. Our mission is to be the leading online resource for franchise opportunities and the knowledge center of choice for anyone seeking information on the franchise industry.

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